Political Quotes

On the recordDecember 3, 2024
I thank the gentleman for yielding. Madam Speaker, I rise in strong support of H.R. 9563, the Protecting Americans from Russian Litigation Act. I am proud to partner with my co-lead and my friend from Texas, Congressman Wesley Hunt, on this important legislation. I also thank Ranking Member Nadler and Representatives Issa, Fitzgerald, Lee, and Johnson for their support, as well. In response to Putin's invasion of Ukraine in February 2022, the United States imposed numerous sanctions and export controls on Russia. The Protecting Americans from Russian Litigation Act would protect American companies that are targeted by Russian litigants seeking damages resulting from good faith compliance with these sanctions. Unlike the United Kingdom and the European Union, the U.S. Federal law does not currently protect companies complying with U.S. sanctions and export controls from litigation. Because of this, some Russian entities subjected to sanctions have sued American companies in Russian courts, resulting in significant financial penalties to American businesses in certain cases. This bill would prevent Russian entities from seeking relief for these claims in Federal court, thereby ensuring American companies are not punished for their good faith compliance with U.S. sanctions. Additionally, this bill does not interfere with or limit the rights, remedies, or causes of action available to victims of international terrorism.…
Said by
Kay Ivey
Republican · Alabama
Source
govinfo.gov
Dec 3, 2024

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